UltraGiGaGigantic@lemmy.ml to shitposting@lemmy.ml • 20 days agoWhatever gets us to class consciousnessimagemessage-square3 fedilinkarrow-up1249
arrow-up1249imageWhatever gets us to class consciousnessUltraGiGaGigantic@lemmy.ml to shitposting@lemmy.ml • 20 days agomessage-square3 Commentsfedilink
minus-squareMF_COOM [he/him]hexbear11·20 days agoThe Big Mac index is a pretty good indicator of purchasing power. Despite this Big Macs were not $0.50 in 1980, they were closer to $1.75. Still a significant change. Also, the price of a Big Mac changes between states, ranging from $3.75 to $6.39 in 2022.. If you follow that last link and use the minimum wages given to do some division they're really not as different as presented, which is interesting. link
The Big Mac index is a pretty good indicator of purchasing power. Despite this Big Macs were not $0.50 in 1980, they were closer to $1.75. Still a significant change. Also, the price of a Big Mac changes between states, ranging from $3.75 to $6.39 in 2022.. If you follow that last link and use the minimum wages given to do some division they're really not as different as presented, which is interesting.